9 April 2019
Updated China-Chile Free Trade Agreement Rules of Origin Announced
In line with the provisions of the updated China-Chile Free Trade Agreement (FTA), which came into force on 1 March this year, for goods deemed to be of China / Chile origin, it must be demonstrable that a minimum of 40% of their value can be attributed to one of the two countries. This ruling applies in all instances when the goods in question were not wholly-produced in either China or Chile and do not fall within the remit of the revised FTA’s Product-Specific Rules of Origin.
This clarification relates to the newly-amended Free Trade Agreement Between the Government of the People’s Republic of China and the Government of the Republic of Chile, which was originally signed back in 2005 and represented the first such agreement between China and a Latin American country. Details of the updated arrangements were announced by China’s General Administration of Customs (GAC) in its recently-circulated Measures for the Administration of the Origin of Imported and Exported Goods Under the Free Trade Agreement.
For further details (in Chinese), please access the following link: